This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics – Quiz 23 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 23 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Self-imposed by professionals even above the requirements of the law. A) Ethics. B) General Ethics. C) Professional Ethics. D) Social Responsibilities. Show Answer Correct Answer: C) Professional Ethics. 2. In the context of business ethics, ..... refers to a decision that involves a conflict of values. A) An ethical lapse. B) Ethical hacking. C) An ethical dilemma. D) Ethical consumerism. Show Answer Correct Answer: C) An ethical dilemma. 3. What is the role of a 'code of ethics' in a business? A) To outline the company's financial goals. B) To provide guidelines for ethical behavior. C) To describe the company's marketing strategy. D) To detail the company's product line. Show Answer Correct Answer: B) To provide guidelines for ethical behavior. 4. It is important to pay attention to your credits because these determine what interest rate you are offered when you decide on your next loan. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 5. Other than Fairtrade what is another way businesses can be ethical? A) Slavery. B) Sourcing ethical products. C) Making billions of money. D) Paying minimum wage. Show Answer Correct Answer: B) Sourcing ethical products. 6. Secondary stakeholders are important to a company because: A) It depends on them for long-term survival. B) They can affect public perceptions and opinions. C) The company is endangered by a termination of their relationship. D) They have the direct power to control management decisions. E) They create an awareness of overt organizational integrity. Show Answer Correct Answer: B) They can affect public perceptions and opinions. 7. What are some common consumer rights that need to be protected? A) Right to privacy, right to vote, right to free speech. B) Right to education, right to healthcare, right to clean water. C) Right to work, right to leisure, right to social security. D) Right to safety, right to be informed, right to choose, right to be heard. Show Answer Correct Answer: D) Right to safety, right to be informed, right to choose, right to be heard. 8. How can ethical dilemmas be resolved in a business setting? A) Follow steps such as identifying the issue, gathering information, evaluating options, making a decision based on ethical principles, and implementing and monitoring the decision. B) Blaming others for the ethical issue. C) Ignoring the dilemma and hoping it resolves itself. D) Choosing the option that benefits the business the most, regardless of ethics. Show Answer Correct Answer: A) Follow steps such as identifying the issue, gathering information, evaluating options, making a decision based on ethical principles, and implementing and monitoring the decision. 9. Providing accurate and up-to-date information on the financial position of the company's responsibility of business towards A) Consumers. B) Workers. C) Owners and shareholders. D) Government and community. Show Answer Correct Answer: C) Owners and shareholders. 10. What is an example of a CSR initiative? A) A company reducing its carbon footprint. B) A company paying employees below the minimum wage. C) A company prioritizing profit over employee welfare. D) A company using deceptive advertising. Show Answer Correct Answer: A) A company reducing its carbon footprint. 11. Which of the following is true of the three principles for resolving an ethical dilemma? A) They predict the behavior of other people involved in a particular situation. B) They do not offer a perfect solution or resolution for every situation. C) They need to be applied simultaneously in order to be effective. D) They can only be applied to situations involving personal issues. Show Answer Correct Answer: B) They do not offer a perfect solution or resolution for every situation. 12. Most companies begin the process of establishing organizational ethics programs by developing: A) Ethics Training Programs. B) Codes Of Conduct. C) Ethics Enforcement Mechanisms. D) Hidden Agendas. Show Answer Correct Answer: B) Codes Of Conduct. 13. You're facing a tough situation and need to make the right decision. What can you use to guide you? A) Your personal code of ethics. B) Social responsibility. C) Another business's ethics. D) The Sarbanes-Oxley Act. Show Answer Correct Answer: A) Your personal code of ethics. 14. What is one way a business can treat their employees ethically? A) Provide transportation allowances. B) Offer stock options. C) Pay a fair wage. D) Increase vacation days. Show Answer Correct Answer: C) Pay a fair wage. 15. Jason is using a company printer to print fliers for his garage sale. Which of the following describes Jason's behavior? A) Illegal. B) Ethical. C) Unethical. D) Approperiate. Show Answer Correct Answer: C) Unethical. 16. How many criteria are mentioned in the "Ways to promote ethics" section A) 7. B) 6. C) 5. D) 4. Show Answer Correct Answer: B) 6. 17. What is one consequence of unethical behavior? (Fill in the blank) A) A poor reputation. B) Increased trust from others. C) Greater job security. D) More opportunities for promotion. Show Answer Correct Answer: A) A poor reputation. 18. Four parts of a contract A) Agreement, Competent Parties, Legality, Signature. B) Agreement, Competent Parties, Consideration, Legality. C) Legality, Consideration, Digital Signature, Competent Parties. D) Signature, Agreement, Competent Parties, Consideration. Show Answer Correct Answer: B) Agreement, Competent Parties, Consideration, Legality. 19. A core principle of business ethics where there is the exercise of compassion and sincere concern for others. A) Honesty. B) Integrity. C) Caring. D) Respect. Show Answer Correct Answer: C) Caring. 20. The quality of someone who always says the truth and never cheats A) Codo of conduct. B) Ethics. C) Trade. D) Honesty. Show Answer Correct Answer: D) Honesty. 21. What belief system focuses on the life and teachings of Jesus Christ? A) Buddhism. B) Hinduism. C) Christianity. D) Islam. Show Answer Correct Answer: C) Christianity. 22. Which of the following is NOT one of the four areas of social responsibility? A) Employee Wellness. B) Job Protection. C) Contract Enforcement. D) Environmental Protection. Show Answer Correct Answer: C) Contract Enforcement. 23. A system of moral principles or rules of conduct relating to human behavior. A) Ethical dilemmas. B) Reputation. C) Guilt. D) Code of Ethics. Show Answer Correct Answer: D) Code of Ethics. 24. What is the primary focus of corporate social responsibility? A) Maximizing shareholder profits. B) Ensuring ethical practices and community welfare. C) Increasing market share. D) None of the above. Show Answer Correct Answer: B) Ensuring ethical practices and community welfare. 25. Which of the following approaches to ethical decision-making will yield an unethical decision? A) Strive to treat people impartially and consistently. B) Apply existing laws to the situation. C) Remain within the letter of the law while intending to mislead people. D) Apply the Golden rule to the situation. Show Answer Correct Answer: C) Remain within the letter of the law while intending to mislead people. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 1Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 2Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 3Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 4Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 5Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 6Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 7Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 8Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 9Class 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books